"The nation's economy has been in the tank since 2008. The alleged recovery is greatly exaggerated. Wages have been stagnant for 40 years, even as productivity has gone up by a factor of six. All that gain has been reserved for pwners and some managers.
avig is using his best number, GDP, which is a poor measure of economic health from the perspective of ordinary people, the 99%. Why? Because as wages fall, profits for the rich skyrocket, the resulting average number obscures stagnant and falling wages."
Sigh. If you want America to fail, just say so. Just realize that all of the things you enjoy today like buying your favorite foods, products, etc. will all go away very quickly once America fails. It will be a long, hard road of recovery no matter what replaces our current aristocracy but just know that another aristocracy will replace them. They may not be rich in money but the powerful will always have something that others lack that gives them their societal status.
Also, just out of curiosity, please tell us how to measure our country's success/failure in terms of our economy. Since you say we have no recovery (even though one can easily see otherwise), what metrics do we need to be using to provide a true picture of our economy. Please, enlighten us with the results, don't just spout off that you know our economy sucks.